Common use of Successor Trustee by Consolidation, Merger, etc Clause in Contracts

Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporation, subject to Section 7.10 hereof, the successor corporation without any further act shall be the successor Trustee; PROVIDED such entity shall be otherwise qualified and eligible under this Article Seven.

Appears in 4 contracts

Samples: Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD), Indenture (Oglebay Norton Co /New/)

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Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporation, subject to Section 7.10 hereof7.10, the successor corporation without any further act shall be the successor Trustee; PROVIDED such entity shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (Solutia Inc)

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Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporationentity, subject to Section 7.10 hereofSECTION 7.10, the successor corporation entity without any further act shall be the successor Trustee; PROVIDED provided such entity shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (Res Care Inc /Ky/)

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